Advanced Tax Strategies for S Corporations

The tax practitioner needs to understand the intricacies of the ever-popular S Corporation form of doing business. The ins and outs of planning and reporting successful, complex S Corporation transactions are set out in this course. It also covers the latest tax rules that govern the taxation of S Corporations and will help you minimize your client’s tax bill with winning strategies related to S Corporations.

• Apply the rules related to acquisitions and liquidations of S Corporations
• Explain the uses of trusts as S Corporation shareholders
• Understand the complex rules of basis and distributions
• Explore the use of redemptions in S Corporations

Prerequisite:  Completion of the AICPA course S Corporations: The Ins and Outs of Tax Reporting and Planning or equivalent knowledge and experience

Advanced Preparation: None